, NAIROBI, Kenya, Feb 25 – Issues affecting the East African region’s economic progression are expected to take centre stage at this year’s East Africa Business Summit (EABS) to be held in Kigali, Rwanda in June.
The two-day summit, themed ‘Positioning East Africa for Inclusive Prosperity in 2020 and beyond’, is expected to bring together over 100 top Chief Executive Officers, financiers and government officials who will also discuss ways of exploiting emerging opportunities in various industries and geographies.
The summit will be opened by Rwandan President Paul Kagame.
Key on the summit’s agenda will be discussions around how to manage mineral wealth for broad-based and inclusive economic development, regional labour policies and practices for efficient business and investing in Africa’s emerging entrepreneurs for inclusive prosperity.
Speaking ahead of the summit, KPMG East Africa CEO and Senior Partner Josephat Mwaura said the conference would provide a perfect platform to pull together business ideas and turn East Africa into an economic power house.
“As industry leaders, we believe East Africa’s economic transformation can only be meaningful and sustainable if it’s inclusive. The region will only remain conducive for business if inclusiveness is intentionally pursued by all stakeholders,” he said.
The summit is also expected to provide a stage for business leaders from Kenya, Ethiopia, Southern Sudan, Burundi, Rwanda, Tanzania and Uganda to engage with policymakers to address gaps in the business ecosystem thus ensuring that the door is opened to create prosperity in the region.
The CEOs will explore ways to navigate the numerous opportunities emerging in East Africa, discuss and forward the emerging impediments to business growth to the policy makers so that they can act on them.
“We will harness the competitive advantages of the different nations in order to enable the region to play its rightful role in the global community,” he said.
The East Africa Business Summit was established in 2002 as a joint initiative by various companies with a mission to bring together the best business minds in the region to engage with policymakers.